Press

Wikinvest in the Press

"Charles Schwab doesn’t have an Android app, a Blackberry app, or even an iPhone app. Many brokerages are in the same boat, or if they do have a mobile app it is only on the iPhone. Starting later today, brokerage customers of Schwab, Fidelity, Morgan Stanley, Merrill Lynch and more than 60 other brokerages will be able to track their portfolios on new mobile Android and Blackberry apps from Wikinvest. "

"Wikinvest today launches its mobile initiative with its iPhone app, now live in the Apple store. As brokerages and the finance industry in general are usually late to the mobile and Internet game, the Wikinvest app is one of the first that allows iPhone users mobile access to their personal portfolios as well as the latest investment news."

"Wikinvest is a free website that allows users to post, read and discuss financial information. The site recently launched a portfolio tracking tool that can download your financial information from brokers and banks. The creators' goal was to develop a tool that would eliminate manually entering portfolio data and combine multiple accounts into one location."

"Sometimes a startup rolls out a new feature, and it just hits the sweet spot of what consumers are craving. It looks like Wikinvest has a hit on its hands with its new realtime portfolio tracker. Less than three weeks after its launch, Wikinvest is tracking $1 billion worth of real investments tied to the real brokerage accounts of about 10,000 members."

"THERE'S A LOT OF FREE portfolio management systems on the Internet—just not a lot of good ones. Nearly every financial Website has something it calls a "portfolio," but most are little more than stock-watch lists.

That's why Wikinvest's (www.wikinvest.com) new portfolio-management tool is so welcome. The free tool from the company co-founded by Parker Conrad and Mike Sha, is barely out of beta testing, yet it's already the most advanced portfolio manager online. Intuit's Quicken software tops it, but its Internet money site Mint. com doesn't. Wikinvest's portfolio manager is attractive, easily grasped and makes sense of the firm's other free services."

"The world of portfolio tracking got much simpler on Wednesday with the introduction of a new investment tracking tool from Wikinvest. The free service allows users to import information directly from existing brokerage and investment accounts, synchronizes the data, and then presents real-time information about the combined portfolio's performance."

"Mint.com helps Web users who are willing to enter their bank and credit card account information track their spending and savings. Now another start-up called Wikinvest wants to do the same thing for investments."

"It’s the moment all you finance and stock market junkies have all been waiting for: real-time, streaming, all-inclusive tracking of your portfolio drawn from whichever combination of popular brokerages you use.

Wikinvest, the startup perhaps best known for its customizable, embeddable, annotatable stock charts, is spreading its wings in the personal finance space with a new portfolio tracking program released Wednesday.

"A startup called Wikinvest has been trying to challenge established financial sites like Yahoo Finance by offering interactive, data-rich features. And it’s showing even more ambition today with a new tool that allows users to import and track their stock portfolios.

If you’re an active investor, the odds are you can already track your stocks by logging onto the websites of your various brokerages. But Wikinvest does for your investments what Mint.com does for bank accounts — it makes them easier to manage by showing you the data from all of those accounts in on place. Users can group their investments by market capitalization or industry, customize the data they see by designing their own dashboards, and view real returns that factor in things like interest and fees. The service currently supports 25 major brokerages."

"What’s cool: The ability to mouse over a company’s metrics and see them instantly represented visually in a graph showing change over time and in a chart that rates the company against industry peers."

"IS WIKINVEST (www.wikinvest.com) just another Web hangout where the investing crowd tries to wise up? Maybe. But Wikinvest does it differently than most bottom-up social media and blogging communities. The differences are subtle, so you really have to check it out to appreciate them fully."

"Finance sites like Yahoo Finance and Google Finance haven’t changed much in the past ten years. The fonts are different. Maybe there’s some more real-time quotes and fancier, interactive charts. But at their core they all follow pretty much the same formula: dump as much data on the individual investor as they can and let them figure it out. Wikinvest, which started out as a crowd-sourced investing site, is trying to change all of that with a complete redesign that is being turned on tonight for members who log in."Read more

"Wikinvest is launching new, data-rich features on its user-contributed finance site Thursday that it hopes will challenge the big players in the online financial space. Its changes include embeddable charts and far more information on companies’ operating metrics. A page on Southwest Airlines, for example, provides its fuel cost per gallon, fleet size and average fare, while Apple’s includes data on iPhone, iPod and Mac sales as well as research and development costs per quarter."

"It can be difficult to find all of a company’s financial data in one place on the web. Sites such as Google Finance and Yahoo! Finance are good in a pinch, but can take awhile to sift through. San Francisco, Calif.-based Wikinvest is introducing a series of new features to its site today aimed at making searching for financial information more efficient."

"Wikinvest, which recently licensed some content to the Web sites of USA Today and Forbes, seeks to be an alternative to Web portals that are little more than “a data dump” of income statements and government filings...Users annotate stock charts with notes explaining peaks and valleys, edit company profiles and opine about whether to buy or sell. The site is creating a wire service with articles from finance blogs and building a cheat sheet to guide readers through financial filings by defining terms and comparing a company’s performance to competitors’."

"San Francisco startup Wikinvest is making inroads as a stock data provider for media Websites. Its embeddable, annotatable charts now grace the stock pages of USAToday. Beginning next week, they will also power the stock charts on Forbes.com, replacing its current stock data provider, INVESTools. (On USAToday, the Wikinvest charts are supplementing the main charts)." Read more

"Financial bloggers are going to like this one. Wikinvest is getting ready to release a Livequotes plugin that automatically adds a stock quote every time a publicly traded company is mentioned in a post. It auto-detects company names and adds the ticker symbol, price, and the percent change in parentheses after the name, with links to the Wikinvest page for that stock. It also can add links for financial terms and definitions such as “PEG ratio” or “price to book.” Read more

"The current market gyrations have investors running everywhere seeking advice. What better time to launch a newswire culled from the latest posts of financial bloggers? That’s the idea behind Wikinvest Wire, which has just been launched by the user-edited investment site Wikinvest. Except that it is not really a newswire in the traditional sense. It is more like a contextual recommendation system for the blogs invited to participate." Read more

"But starting today you can get interactive, embeddable WikiCharts like the one below from Wikinvest. Hold the mouse down over the chart and you can pan it from left to right. Hover over the line and you will get date, price, and volume, information." Read more

"Wikinvest, the stock research wiki, today announced the launch of Wikidata, bringing a new depth of investing insight, for free, to the general public. Wikidata applies the same principles behind Wikinvest -- making quality investment information available to everyone -- to financial data previously available only through expensive subscriptions or in dense regulatory filings. "

"Wikinvest is a classic example. Like other Wiki sites, this one, launched last October by two former Harvard roommates, is set up to allow users to create content and edit existing entries. The sense of an enduring single document, as opposed to the posts on sites such as Yahoo Finance that disappear off the page as more recent posts accumulate, encourages contributors to put more thought and care into the content they post, say founders Parker Conrad and Mike Sha."

"The design is excellent, as is the ease of use. There are already quite comprehensive entries on a number of topics, including subprime lending and Rock Bank vs. Guitar Hero. This latter entry provides a compelling example of the attractiveness of alternative research sites like Wikinvest - FT Alphaville hasn't seen any broker notes recently that highlight the companies benefiting from the success of these titles..."

"By the end of next week, Wikinvest is planning on introducing a new feature to help investors dig deeper...Each industry has its own unique set of comparable metrics by which analysts and professional investors gauge the health and productivity of the companies in that industry. For airlines, it might be fuel costs, revenue per available seat-mile, cost per available seat-mile, and load factors (what percentage of seats are sold per flight)." Read more

"OR YOU CAN JOIN San Francisco's Wikinvest (www.wikinvest.com), founded in 2006 by a couple of (what else?) Harvard roommates with the goal of creating the world's largest investment research wiki. A wiki is a repository of community-generated information; the best-known example, of course, is the online encyclopedia Wikipedia (www.wikipedia.com), which has spawned its own language and social mores."

"Wikinvest does a good job of providing business focused company profiles, which include market information and product histories...They also have a very novel feature, WikiCharts, which let users explain trends across real-time share price graphs through embedded comments." Read more

"Wikinvest, the wiki for investors, today announced the availability of its free, collaborative resource for investment research. Wikinvest brings a broad spectrum of practical information about companies, trends, and issues to a Web 2.0 world. Unlike conventional finance portals that display the same financial statistics, Wikinvest explains the deeper story behind an investment, giving investors the context needed to understand what they are betting on when purchasing a particular stock, or investing in a specific sector."

"The site is constantly updated with new user information and new stock quotes, so it should prove an incredibly useful tool for those of us not strong enough to weather a Jim Cramer rant daily. My favorite part of the site is a section called Concepts, where users can list a company or product (for example, the iPhone) that may affect the future of other companies."